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Remortgaging

Bought our house two years ago and deal has now ended and we are looking for a new deal. Had our house valued and surveyor says it is worth £100k less than when we bought it. Feel sick at the thought of having 'lost' so much money. No idea what to do as regards remortgaging now.
Norn Iron Member 383

Comments

  • Antispam
    Antispam Posts: 6,636 Forumite
    1,000 Posts Combo Breaker
    Might be best asking in mortgage forum

    You may have trouble getting a new lender if your dont have enough equity
  • NAR
    NAR Posts: 4,863 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Bought our house two years ago and deal has now ended and we are looking for a new deal. Had our house valued and surveyor says it is worth £100k less than when we bought it. Feel sick at the thought of having 'lost' so much money. No idea what to do as regards remortgaging now.
    Unfortunate that you bought at the height of the market. Has your current bank/building society offered you a mortgage?
    Do agree with Antispam about using the mortgage forum.
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